To file for student loan bankruptcy, first file for Chapter 7 or Chapter 13. Next, you'll file an adversary proceeding for the court to evaluate a student loan discharge.

Treatment of Student Loans in Chapter 13 Bankruptcy. Chapter 13 bankruptcy, also known as "wage earner's bankruptcy," involves the reorganization of a debtor's financial obligations.

In January 2020, the U.S. Bankruptcy Court for the Southern District of New York discharged over $200,000 of student loan debt for one borrower.

Millions of Americans are seeing their credit scores suffer now that the U.S. government has resumed referring missed student ...

With the expiration of pandemic-era relief measures, borrowers are struggling to make payments and keep up their credit ...

Alrena Dale, 61, got $155,000 in student loans discharged through bankruptcy. Biden's new bankruptcy guidance, aimed at easing the process for borrowers, made that possible. Some attorneys told BI ...

Roughly 8 million student loan borrowers will see their interest charges restart next month, according to a source familiar.

Federal Reserve Chair Jerome Powell typically avoids weighing in on fiscal policy. But on Wednesday morning, he made one large exception. Testifying before the Senate Banking Committee, Powell said ...

Millions of student loan borrowers who are on the verge of retiring should consider some options, like waiting a couple more years to finish paying off their loans or budgeting with their retirement ...